EXICOM TELE SYSTEMS
EXICOM TELE -SYSTEMS company is a market leader with dominant share of 60% percent in residential ev charging space and 25% market share in public charging segment . exicom operates in two bussiness verticals they are critical power sector transforming electricity grids through cutting edge battery and power solutions enabling increased renewable power with uninterrupted power supply and trending ev charging segment
company and industry outlook
company positives are,1)present for exicom ev charging segment is contributing 30% to overall sales but by 2027 exicom seeks to grow their ev revenues by 50% saying anant nahata. .
3) By 2030, the Indian government has set ambitious targets for EV sales penetration: 30% for private cars, 70% for commercial vehicles .4)india's ev sectors future outlook is with a nice robust growth as public is shifing to ev segment company update 1)they are building new ev charger manufacturing plant in hyderabad with an investment over 100 crore .they manufacture critical power solution products and AC,DC fast ev chargers also lithium ion batteries for telecom segment.
- 2)Exicom acquires business and assets of Tritium, a distinguished global leader in DC Fast Chargers, headquartered in Australia
- Acquisition seen as an ideal anchor towards building a global EV charger business with Tritium's presence in 47 countries
- Exicom will have access to Tritium's cutting-edge manufacturing facility in Tennessee, USA, as well as a world-class engineering centre in Brisbane, Australia
- important updaterecent company chairman interview on the acquisition of tritium company👇
company negatives 1)exicom tele systems is a good fundamental company .but they are publishing quarterly numbers with some volatility overall company status its a nice company with dominant market share in ev charging segment and also invested in future projects to increase their financial numbers exicom stock status due to the market demand after listing. stock has been given a massive rally and reaches to the highs of 530rs but the stock has been corrected to nearly 317rs and my opinion is for investment. please try to wait for some more correction ,but now also it is in a fair valuation .its a good long term stock .As this stock is connected to auto sector it may face the cyclicality of auto industry.if exicom bettered their quarterly results in this quarter then the stock might gain some value.their net profit increased very robustly in the past 2 years with the buzzing ev sector growth disclaimer (this content is taken from many resources and the information provided is based on purely my opinion .for investment advise try to do your own research or consult your financial advisor).

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